Drake Road - RM16 6RW
Key Postcode Insights
RM16 6RW is a residential postcode situated on Drake Road, Chafford Hundred, Grays, RM16 with 39 addresses.
It ranks as the 535th largest and 231st most expensive of the 673 postcodes in the RM16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 39 properties: 39 houses.
- Ave. Sale Price
- £391,196
- 10 Year change
- up 30.9%
- Ave. Rental Price
- £1,922pcm
- 10 Year change
- up 59.5%
- Ave. £ per ft²
- £509/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
RM16 6RW is a residential postcode situated on Drake Road, Chafford Hundred, Grays, RM16 with 39 addresses.
It ranks as the 535th largest and 231st most expensive of the 673 postcodes in the RM16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 39 properties: 39 houses.
- Ave. Sale Price
- £391,196
- 10 Year change
- up 30.9%
- Ave. Rental Price
- £1,922pcm
- 10 Year change
- up 59.5%
- Ave. £ per ft²
- £509/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin RM16 6RW
- 142 Drake Road
3 Bed Modern House
- 144 Drake Road
2 Bed Modern House
- 146 Drake Road
2 Bed Modern House
- 148 Drake Road
Unknown
- 150 Drake Road
Unknown
Sales Market Trends
The last sale in RM16 6RW sold for £377,000 on 14th May 2025. Since then prices are up an average of 1.1%.
The current average value in the postcode is £391,196.
The RM16 6RW Sales Market has increased by 30.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £391,196 |
| June 2025 | 3.3% | £388,829 |
| June 2024 | -2.4% | £376,588 |
| June 2023 | -0.1% | £385,745 |
| June 2022 | 10.4% | £385,978 |
| June 2021 | 7.4% | £349,701 |
| June 2020 | 1.7% | £325,582 |
| June 2019 | -0.6% | £320,145 |
| June 2018 | 3.8% | £322,068 |
| June 2017 | 3.8% | £310,243 |
| June 2016 | 17% | £298,767 |
| June 2015 | 11.9% | £255,383 |
| June 2014 | 11.5% | £228,250 |
| June 2013 | 3.3% | £204,701 |
| June 2012 | 0.3% | £198,174 |
| June 2011 | 0.5% | £197,637 |
| June 2010 | 11.5% | £196,674 |
| June 2009 | -13.8% | £176,329 |
| June 2008 | -1.4% | £204,448 |
| June 2007 | 0% | £207,352 |
Rental Market Trends
The current average rental value in the postcode is £1,922.
The RM16 6RW Rental Market has increased by 59.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £1,922pcm |
| June 2025 | 5.7% | £1,846pcm |
| June 2024 | 9.4% | £1,747pcm |
| June 2023 | 12.6% | £1,596pcm |
| June 2022 | 7.9% | £1,418pcm |
| June 2021 | 2.9% | £1,314pcm |
| June 2020 | 2.7% | £1,277pcm |
| June 2019 | 1.9% | £1,243pcm |
| June 2018 | 0.7% | £1,220pcm |
| June 2017 | 0.6% | £1,212pcm |
| June 2016 | 6.4% | £1,205pcm |
| June 2015 | 7.9% | £1,132pcm |
| June 2014 | 4.6% | £1,049pcm |
| June 2013 | 3.8% | £1,004pcm |
| June 2012 | 4.8% | £966pcm |
| June 2011 | 3.5% | £923pcm |
| June 2010 | 7.2% | £891pcm |
| June 2009 | -4.6% | £831pcm |
| June 2008 | 4.8% | £871pcm |
| June 2007 | 0% | £831pcm |
Sales History
The last sale was on 14th May 2025 for £377,000 and since then the market in the area has increased by 1.1%. The postcode has had a total of 108 sales since 1995.
RM16 6RW has seen 6 sales in the last three years and no sales in the last twelve months.
- Sold May 2025£377,000 | 3 Bed House142, Drake Road, Grays, RM16 6RW142, Drake Road, Grays, RM16 6RW
- Sold Mar 2025£415,000 | 3 Bed House196, Drake Road, Grays, RM16 6RW196, Drake Road, Grays, RM16 6RW
- Sold Jan 2025£320,000 | 3 Bed House192, Drake Road, Grays, RM16 6RW192, Drake Road, Grays, RM16 6RW
- Sold Dec 2024£495,000 | 5 Bed House214, Drake Road, Grays, RM16 6RW214, Drake Road, Grays, RM16 6RW
- Sold Oct 2023£330,000 | 2 Bed House184, Drake Road, Grays, RM16 6RW184, Drake Road, Grays, RM16 6RW
Nearby Postcodes
RM16 6RW is the 535th largest and the 231st most expensive postcode out of the 673 postcodes in the RM16 area.
- RM16 6RX, Drake Road, Chafford Hundred, Grays, RM16RM16 6RX11 Addresses|95 m away
- RM16 6RY, Merlin Close, Chafford Hundred, Grays, RM16RM16 6RY42 Addresses|101 m away
- RM16 6HB, Doncella Close, Chafford Hundred, Grays, RM16RM16 6HB21 Addresses|116 m away
- RM16 6EE, Cooke Close, Chafford Hundred, Grays, RM16RM16 6EE8 Addresses|191 m away
- RM16 6RZ, Carew Close, Chafford Hundred, Grays, RM16RM16 6RZ56 Addresses|208 m away
Property Types
- 25 modern houses built after 1980
- 4 houses of an unknown age
- 10 other addresses of unknown type
- modern house (25)
- house (4)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 25 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (19)
- G (0)
- D (6)
- No EPC (14)
Top 3 Most Expensive Sales
Schools Nearby
- Warren Primary School600 m away
- Tudor Court Primary School800 m away
- Harris Primary Academy Mayflower1.1 km away
- Harris Academy Chafford Hundred1.1 km away
- The Hathaway Academy1.7 km away
- Grays Convent High School2.0 km away
More reading links
Public Transport Nearby
The closest station to RM16 6RW is Chafford Hundred Lakeside station, which is 1.2 kilometres away.
- Chafford Hundred Lakeside|1.2 km away
- Grays|2.0 km away
- Ockendon|3.7 km away
- Swanscombe|4.5 km away
